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District reports preliminary, unaudited fourth‑quarter finances; enrollment decline cited for revenue loss
Summary
Treasurer Lisa Johnson presented an unaudited fourth‑quarter report showing $124,665,706 collected vs. a $124,116,411 budget (about $549,295 over). Expenditures before a board‑approved bonus were $123,916,242; district noted lower enrollment and fewer weighted pupil units reduced some revenue.
Lisa Johnson told the board the district’s fourth‑quarter financial report is preliminary and unaudited, and she asked members to treat it as subject to change while books and grants are closed out.
She reported $124,665,706 collected against a $124,116,411 budget—about $549,295 more than budgeted (roughly 0.44%). Expenditures before the board‑approved bonus were $123,916,242, leaving the district under budget by approximately $200,169 (0.16%). Salaries and benefits represented about 83% of expenditures. Johnson said adjustments for lower enrollment and reduced weighted pupil units were already reflected in tentative 26‑27 budget planning.
Board members asked for enrollment counts and historical comparisons. Johnson did not have historic counts at the table but staff confirmed overall student counts have declined from a recent high above 8,000 to about 7,475 (as referenced in meeting comments), and cited a drop of roughly 800–1,000 students compared with past years. Johnson confirmed that the reported revenue overage is being added to fund balance/reserves and noted all figures remain unaudited and subject to change.
